1500-1560 S Ardmore Ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$964,000 USD
562-645-6481
1500-1560 S Ardmore Ave, Los Angeles, CA for Sale
$964,000 USD
Apartments - FOR SALE
1/6
null | 6% Cap Rate

1500-1560 S Ardmore Ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Highly populated residential area (close to Korea Town and Downtown Los Angeles)
  • High demand area for rental properties
  • Recent renovations and repairs (LAHD approved)
  • Luxury Vinyl Plank (LVP) and Wood-Style Flooring Throughout Renovated Units
  • Fully Occupied
  • Exceptionally Stable Tenant Base with Several Tenancies Exceeding 30 Years

FOR SALE DETAILS

PRICE

$964,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

5

PRICE/UNIT

$192,800

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1550-1560 S Ardmore Ave Los Angeles CA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,798 SF

ZONING

R2, Los Angeles

APN/PARCEL ID

5075-013-001

ASK ABOUT THIS PROPERTY

Jesse LeeCRE Advisory ServiceMore Info
562-645-6481

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Jesse LeeCRE Advisory ServiceMore Info
562-645-6481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.